The South Indian Bank Limited provides banking products and services in India.
Adequate balance sheet and fair value.
Share Price & News
How has South Indian Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532218's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532218 underperformed the Indian Banks industry which returned -43.3% over the past year.
Return vs Market: 532218 underperformed the Indian Market which returned -29.3% over the past year.
Price Volatility Vs. Market
How volatile is South Indian Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is South Indian Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 532218's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 532218's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 532218 is good value based on its PE Ratio (3.2x) compared to the Banks industry average (11.3x).
PE vs Market: 532218 is good value based on its PE Ratio (3.2x) compared to the Indian market (9.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532218's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532218 is good value based on its PB Ratio (0.2x) compared to the IN Banks industry average (0.3x).
How is South Indian Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as South Indian Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether South Indian Bank is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- South Indian Bank competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has South Indian Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532218 has high quality earnings.
Growing Profit Margin: 532218's current net profit margins (15.1%) are lower than last year (15.4%).
Past Earnings Growth Analysis
Earnings Trend: 532218's earnings have declined by -2.3% per year over the past 5 years.
Accelerating Growth: 532218's earnings growth over the past year (9.5%) exceeds its 5-year average (-2.3% per year).
Earnings vs Industry: 532218 earnings growth over the past year (9.5%) underperformed the Banks industry 25.5%.
Return on Equity
High ROE: 532218's Return on Equity (5.7%) is considered low.
How is South Indian Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 532218 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 532218's debt is covered by short term assets (assets are 1x debt).
Financial Institutions Analysis
Asset Level: 532218's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if 532218 has a sufficient allowance for bad loans.
Low Risk Liabilities: 532218's liabilities are made up of primarily low risk sources of funding.
Loan Level: 532218 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 532218's loans are broadly funded by customer deposits.
Level of Bad Loans: 532218 has a high level of bad loans (4.99%)
What is South Indian Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532218's dividend (4.46%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).
High Dividend: 532218's dividend (4.46%) is in the top 25% of dividend payers in the Indian market (4.18%)
Stability and Growth of Payments
Stable Dividend: 532218's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532218's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.2%), 532218's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
V. Mathew (66yo)
Mr. V. G. Mathew M.Sc., CAIIB, has been Managing Director, Chief Executive Officer and Executive Director of The South Indian Bank Ltd. since October 1, 2014. Mr. Mathew served as Chief General Manager of ...
CEO Compensation Analysis
Compensation vs Market: V.'s total compensation ($USD156.68K) is above average for companies of similar size in the Indian market ($USD48.15K).
Compensation vs Earnings: V.'s compensation has been consistent with company performance over the past year.
|MD, CEO & Director||5.42yrs||₹11.81m||0.0055% ₹560.4k|
|Joint GM & CFO||1.5yrs||no data||0.0044% ₹446.9k|
|Executive Vice President of Operations||2.58yrs||no data||0.0063% ₹638.5k|
|Chief GM & Chief Information Officer||no data||no data||0.0055% ₹554.4k|
|Deputy GM||no data||no data||0.00039% ₹39.5k|
|Deputy GM & Chief Compliance Officer||2.17yrs||no data||no data|
|GM & Chief of Internal Vigilance||no data||no data||0.0021% ₹214.9k|
|Executive Vice President of Credit||4.25yrs||no data||0.0018% ₹183.4k|
|Chief Risk Officer & Deputy GM||2.92yrs||no data||0.0025% ₹256.4k|
|Executive Vice President of Treasury||4.25yrs||no data||no data|
Experienced Management: 532218's management team is considered experienced (2.9 years average tenure).
|MD, CEO & Director||5.42yrs||₹11.81m||0.0055% ₹560.4k|
|Non-Executive Independent Director||5.42yrs||₹1.36m||0.0046% ₹468.2k|
|Non-Executive Independent Director||7.5yrs||₹2.03m||0.015% ₹1.6m|
|Non–Executive Independent Director||2yrs||₹1.73m||no data|
|Non- Executive Chairman||3.33yrs||₹3.50m||0.0011% ₹112.5k|
|Non-Executive Director||3.17yrs||₹2.15m||no data|
|Additional Director||1yr||₹60.00k||no data|
|Non-Executive Independent Director||6.33yrs||₹1.32m||0.012% ₹1.2m|
|Non-Executive Independent Director||5.33yrs||₹1.12m||0.0012% ₹122.6k|
|Additional Independent Director||1.58yrs||₹1.08m||no data|
Experienced Board: 532218's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The South Indian Bank Limited's company bio, employee growth, exchange listings and data sources
- Name: The South Indian Bank Limited
- Ticker: 532218
- Exchange: BSE
- Founded: 1929
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₹10.134b
- Shares outstanding: 1.81b
- Website: https://www.southindianbank.com
Number of Employees
- The South Indian Bank Limited
- SIB House
- Mission Quarters
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532218||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Dec 1998|
|SOUTHBANK||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Dec 1998|
The South Indian Bank Limited provides banking products and services in India. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations segments. Its personal banking products and services include savings accounts, term deposits, and unclaimed deposits/inoperative accounts; personal, vehicle, home, gold, educational, property, and other loans, as well as one time settlement scheme for micro and small enterprises sector; and mutual funds. The company also offers insurance products, such as life insurance, health insurance, and various credit risk insurance, as well as general insurance products, such as fire, liability, marine, motor, medi claim, and travel insurance products. In addition, it offers money transfer services; various cards; and value added services consisting of SIB rewards, education fee collection, SIB pure gold, sovereign gold bonds, ATM cum shopping card, mobile and Internet banking, demat, pension system, online trading, SIB collect, PAN service agency, cash management, SIB travel card, tax payment, tax savings investments, direct debit, and safe deposit locker services, as well as distributes capital gain bonds and tax free bonds. Further, the company’s NRI banking services comprise NRE and NRO rupee accounts, and foreign currency deposits, as well as personal, home, car, property, SIB décor, and education loans; and portfolio investment schemes. Additionally, its business banking services consist of normal and premium accounts, and trader smart current account; working capital, long term, non-fund based, supply chain, and international finance; overdrafts against property; and merchant acquiring services. As of March 31, 2019, the company had a network of 870 branches, 53 extension counters, and 1,322 ATMs. The South Indian Bank Limited was incorporated in 1929 and is headquartered in Thrissur, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 12:46|
|End of Day Share Price||2020/03/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.